News

Intel’s Harsh Reality Nullifies Tariff Boost — Heard on the Street
In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker faces, that’s no longer ...
Intel’s CEO just revealed why more layoffs are coming. His memo shows the grim impact of course correction
This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel to Lay Off 15% of Workers, Cancel Billions in Projects in Bid for Rebound
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
Intel’s Steady Decline Continues With 15% Cut to Staff and Scrapped Factory Plans
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
Intel Expects Work Force to Shrink by 25,000
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
Intel's foundry future depends on securing a customer for next-gen chipmaking tech
Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land ...
Intel May Be Prepping a Massive Apology to Gamers
If the rumors are to be believed, Intel may be gearing up for a major apology to gamers in the form of a suite of ...